Kotak Account Advance Fee Plans (Online)

BROKERAGE RATE
Plan Advance Validity Futures & Check Box
Fee* Period Delivery(%)’ Options
Intra Day(%)’ ()

A 1,000 6 months 0.35 0.040 Rs. 100/- per lot or 1% on

premium which ever is higher

B 2,500 6 months 0.30 0.036 Rs. 80/- per lot or 1% on

premium which ever is higher

C 4,000 6 months 0.25 0.030 Rs. 60/- per lot or 1% on

premium which ever is higher

D 10,000 12 months 0.20 0.025 Rs. 50/- per lot or 1% on

premium which ever is higher

E 50,000 12 months 0.12 0.020 Rs. 30/- per lot or 0.3% on

premium which ever is higher

F 1,00,000 12 months 0.10 0.010 Rs. 20/- per lot or 0.2% on

premium which ever is higher

Service tax, STT and other statutory charges are as per current rate and any revision in the rate then same will be applicable
*Service Tax of 10.3% is applicable on Advance fee ‘Both sides

Why Advance Fee Plans? Brokerage Reversal Illustration

• Avail a lower brokerage Rate
• No Account opening Fee
• Brokerage generated during the validity period
is reversible up to a maximum of the advance fee
Suppose you choose Plan A i.e. Rs 1000 for 6 months and generate a
brokerage of Rs 800 during the validity period, then Rs 800 would be
reversed to your account.
If the brokerage generated is Rs 4000, then only Rs 1000 is reversible
as the Maximum amount reversible is the advance fee.

If no brokerage is generated during the validity period the advance

fee will not be reversed.

Other Services : KEAT PRO Free & DP Charges Additional

Terms and Conditions (T&C):

• For renewals, your account will be debited on the 1st day after this validity period expiry.
• Starting date will be treated as trading code Generation date + 7 days or PIN Activation Date whichever is earlier.
• All Trades will be charged as per the charges mentioned. Signature
• The minimum brokerage for delivery is 4 paise and 3 paise for Cash Intraday and Futures
• All Statutory and services charges will be extra. Stamp and Other Charges – Cash (0.01%), Future Derivatives (0.002%),
Option Derivatives (0.002%), Transaction and Other Charges – Cash (0.01%), Future Derivatives (0.0023%), Option
Derivatives (0.0512%), Service Tax – 10.30%.
• Product would be renewed at the end of the validity period unless communicated by the customer for discontinuation.
• In case the communication is not received from you regarding withdrawal from the product or any change to the product
the same scheme will be continued for the next period and the amount applicable to the product will be debited to your
account.
• If product is discontinued or changed to different one, a product conversion charge and its respective billing cycle is I have read & understood T&C
applicable as per the chosen product. For details of charges and billing cycle please login to www.kotaksecurities.com or
call a customer care desk on 3030 5757.
• To discontinue this service/change your broking option you can do so by visiting www.kotaksecurities.com or by calliing
our Customer Care Service on 3030 5757.
• Service tax, STT and other statutory charges are as per current rate and any revision in the rate then same will be
applicable.

For Customers : I would like to avail Plan ________.

For Office Use Sourced by

Advance Fee (a) Date

Margin Collected from customer (b)
Form No.
Total Cheque Amount (a)+(b)

Signature